Press release
Sulfuric Acid Market Will Be Worth US$85.4 billion by End Of 2023
Sulfuric acid is an extremely corrosive acid that is highly soluble in water. It is one of the most widely produced as well as consumed bulk chemicals worldwide. Sulfuric acid is employed in a wide range industrial and domestic applications. Major applications of sulfuric acid include fertilizers, wastewater treatment, chemical synthesis, metal & mining, paper, and pharmaceutical.
The report estimates the sulfuric acid market on the global, regional, and country level. The study provides forecast from 2017 to 2023 based on volume (million tons) and revenue (US$ Bn).
The study offers a comprehensive view of the sulfuric acid market by dividing it into key application segments such as fertilizers, chemical synthesis, wastewater treatment, metal & mining, and others. Application segments have been analyzed based on present and future trends, and the market has been estimated from 2017 to 2023 in terms of volume (million tons) and revenue (US$ Bn). Regional segmentation includes current and forecast demand for sulfuric acid in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report includes country-level analysis in terms of volume and revenue for application segments. Key countries such as the U.S., the U.K., France, Germany, Italy, Spain, China, Japan, Brazil, South Africa, as well as ASEAN and GCC are incorporated in the study. Market segmentation includes demand for individual applications in all the regions and countries.
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Global Sulfuric Acid Market: Key Aspects
The report comprises a comprehensive value chain analysis that provides a broad view of the market. Value chain analysis also provides detailed information about value addition at each stage of the value chain. The report covers drivers and restraints for the sulfuric acid market along with their impact on demand during the forecast period. Additionally, it includes the study of opportunities in the sulfuric acid market at the global level.
The report comprises Porter’s Five Forces Model to gauge the degree of competition in the sulfuric acid market. The report encompasses a qualitative write-up on market attractiveness analysis, wherein applications have been analyzed based on their attractiveness, growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated to derive general attractiveness of the market. The report also includes price trend analysis of raw materials such as elemental sulfur as well as oil & natural gas from 2017 to 2023.
Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.
In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of the research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and reinforcing our secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.
Global Sulfuric Acid Market: Vendors Analysis
The report covers a detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include The Mosaic Company, The Chemours Company, Eco Services Operations, LLC, Ltd., Chemtrade Logistics Inc., Khaitan Chemicals & Fertilizers Limited, BASF SE, Vale Fertilizantes S/A, Akzo Nobel N.V., Southern States Chemical, Honeywell International, Inc., and PotashCorp. Company profiles include attributes such as company overview, number of employees, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview.
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Global Sulfuric Acid Market: Segmentations
By Application
Fertilizers
Chemical synthesis
Wastewater treatment
Metal & mining
Others (Including paper & pulp, pharmaceutical, etc.)
By Region & Country
North America
U.S.
Rest of North America
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
Table of Content
Chapter 1 Preface
Report Description
Research Scope
Assumptions
Market Segmentation
Research Methodology
Chapter 2 Executive Summary
Global Sulfuric Acid Market, Volume and Revenue, 2014 - 2023, (Mn Tons) (US$ Bn)
Sulfuric Acid: Market Snapshot
Chapter 3 Sulfuric Acid Market – Industry Analysis
Introduction
Value Chain Analysis
Market Drivers
Driver 1 – Industrialization in China Anticipated to Boost Sulfuric Acid Market Demand
Driver 2 – Expansion of Global Phosphate Fertilizers Market Likely to Increase Consumption of Sulfuric Acid
Restraints
Restraint 1 – Volatility in Prices of Raw Materials to Adversely Impact Demand for Sulfuric Acid
Restraint 2 – Strict Government Regulations to Restrict Market Growth
Opportunities
Opportunity 1 – Recovery of Sulfur Likely to Provide Growth Opportunities
Porter’s Five Forces Analysis
Bargaining Power Of Suppliers
Bargaining Power Of Buyers
Threat Of New Entrants
Threat Of Substitutes
Degree Of Competition
Sulfuric Acid: Market Attractiveness Analysis
Market Attractiveness Analysis By Application
Market Attractiveness Analysis By Country
Sulfuric Acid: Company Market Share (%), 2014
Chapter 4 Raw Material and Price Trend Analysis
Raw Material Analysis – Manufacturing/Extraction/Recovery Process
Raw Material Price Trends, 2014 – 2023, (US$/Ton)
Sulfuric Acid Price Trends, 2014 – 2023, (US$/Ton)
Chapter 5 Market Segmentation – Application Analysis
Global Sulfuric Acid Market: Application Overview
Global Sulfuric Acid Market for Fertilizers, Volume & Revenue, 2014 – 2023
Global Sulfuric Acid Market for Chemical Synthesis, Volume & Revenue, (Million Tons) (US$ Bn), 2014 – 2023, (Million Tons) (US$ Bn)
Global Sulfuric Acid Market for Wastewater Treatment, Volume & Revenue, 2014 – 2023, (Million Tons) (US$ Bn)
Global Sulfuric Acid Market for Metal & Mining, Volume & Revenue, 2014 – 2023, (Million Tons) (US$ Bn)
Global Sulfuric Acid Market For Others, Volume & Revenue, 2014 – 2023, (Million Tons) (US$ Bn)
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